FiftyOne CEO Michael DeSimone assured Canadians that this transaction will only make shopping online easier.
Canadian consumers win big. High shipping costs are the single largest factor in Canadian shopping cart abandonment. I’m pleased to tell you that this transaction is only the start of our newly expanded relationship with Canada Post. Over the coming months, we will be rolling out a new Canadian logistics platform truly optimized to the needs and wants of Canadians shopping online. Faster, cheaper, with more choices.